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ENERGY

Sharp increase in fuel prices

Sharp increase in fuel prices

(Credit: NNA/Illustrative photo)

BEIRUT — Fuel prices sharply increased in Lebanon on Tuesday, according to the latest tariffs announced by the Energy Ministry. This new price hike comes as the Lebanese lira hit a new record low on the parallel market, trading around LL54,000 against the dollar.

Here are the new prices:

• Twenty liters of 95-octane gasoline: LL958,000, up by LL50,000

• Twenty liters of 98-octane gasoline: LL982,000, up by LL51,000

• Twenty liters of diesel: LL1,007,000, up by LL51,000

• Gas cylinder: LL613,000 up by LL32,000.

• One kiloliter of fuel oil (used to supply private generators): $888.29, up by $10.89

BEIRUT — Fuel prices sharply increased in Lebanon on Tuesday, according to the latest tariffs announced by the Energy Ministry. This new price hike comes as the Lebanese lira hit a new record low on the parallel market, trading around LL54,000 against the dollar.Here are the new prices:• Twenty liters of 95-octane gasoline: LL958,000, up by LL50,000• Twenty liters of 98-octane gasoline:...